City Bank publishes ESG Report

City Bank PLC has published its first Environmental, Social and Governance (ESG) Report, 'Bank on Solidity, Banking on Sustainability', marking a key milestone in its sustainability journey.

Building on previous Sustainability Reports, this comprehensive ESG Report aligns with global frameworks, including GRI Standards, IFRS S1 and S2, UN SDGs and others, says a press statement.

The report highlights not only climate and environmental initiatives but also broader contributions to the economy and society, driven by strong governance and a deep integration of sustainability into strategic decision-making.

It details progress in green and sustainable finance, including investments in renewable energy, energy efficiency, and waste management, alongside integration of environmental and social risk management (ESRM) in lending. Beyond climate action, the report showcases financial inclusion efforts, support for women entrepreneurs, SME financing, CSR activities, and the bank's GHG emissions inventory, emphasizing transparency and accountability.

The full ESG Report 2024 is available on City Bank's website at: https://www.citybankplc.com/download/City_Bank_ESG_Report_2024.pdf